Singapore Business Review

Withering wealth? 15% of the mass affluent plan to increase their borrowing
Two in five affluent Singaporeans also said they intend to reduce spending this year.
Six in 10 Singaporeans to shop outside Amazon during Amazon Prime Day
Criterio described this as the “strong halo effect” of the event to other retailers.
Yanlord Group collects $1.02b from pre-sales in Shanghai apartment launch
More than 1,700 eligible customers registered to buy an apartment unit.
AIA Singapore goes on hiring spree for financial associate consultants
The firm opened 500 positions along with the launch of its Financial Associate Scheme.
Futu Singapore is now SGX’s securities derivatives trading, clearing member
It is a digital broker that provides trading and wealth management services.
DBS vs OCBC: Which bank will be the bigger winner from an upcycle in interest rates? 
An analyst said one of the banks will have an earnings growth of 15.9% in 2023.
Meet the leaders of Forward Singapore
Several ministers will help review and refresh the market’s social compact.
Iswaran tells ICAO: Focus on specific needs of each country to strengthen partnerships
The minister said focusing on the priorities of member states will get them to “step up.”
Gov’t wants full support of businesses, unionists in ‘Forward Singapore’
Forward Singapore seeks to refresh the country’s social compact.
Iswaran unveils 3Cs to ensure aviation's recovery
The 3Cs will ensure a recovery that is safe, smooth, and sustainable.
Longer grace periods for companies under new tax frameworks: IRAS
The frameworks were co-developed with the Big 4 accounting firms.
B2B bad debt level increases to 9%
Agri-food had the highest average of write-offs across industries in Singapore.
Market update: STI down 0.03%
HongKongLand posted highest growth with 1.38%.
Chart of the day: Singapore H1 2022 IPO volume highest since 2017
However, funds raised were lower than in the first half of 2019 and 2020.

Join the Singapore Business Review community

Exclusives

Exclusives

HR & Education Look locally: HR experts advise firms amidst stricter working permit system
Foreign workers will be subject to increased scrutiny under the upgraded EP application system.
Retail Recurring mega sales have their own dangers
An expert from Intrepid warned against ‘shopper fatigue’ triggered by frequent large-scale shopping events.
One chat away: Conversational commerce levels the playing field for brands online
Leaving consumers with unanswered queries can result in $2m missed revenue per day. 
Information Technology Want to be the next Ninja or PewDiePie? This startup can help gamers level up in the industry
Yup.gg CEO Raiford Cockfield III said his team's goal is to professionalise all gamers.
Why this SG-based fintech firm is ending the pen-and-paper era of financial advisors
GoalsMapper used its cloud-based platform to help financial advisors support 80,000 clients.
Commercial Property C&W Services transforms headquarters into a ‘living lab’
The new office is set to be the ground for the firm’s new facilities management technologies.
How investor stewardship puts companies in a win-win state
Stewardship Asia Centre CEO says a company’s failure to take care of society is a failure to take care of its stakeholders.

Top News

Withering wealth? 15% of the mass affluent plan to increase their borrowing
Two in five affluent Singaporeans also said they intend to reduce spending this year.
Six in 10 Singaporeans to shop outside Amazon during Amazon Prime Day
Criterio described this as the “strong halo effect” of the event to other retailers.
Yanlord Group collects $1.02b from pre-sales in Shanghai apartment launch
More than 1,700 eligible customers registered to buy an apartment unit.
AIA Singapore goes on hiring spree for financial associate consultants
The firm opened 500 positions along with the launch of its Financial Associate Scheme.
Futu Singapore is now SGX’s securities derivatives trading, clearing member
It is a digital broker that provides trading and wealth management services.
DBS vs OCBC: Which bank will be the bigger winner from an upcycle in interest rates? 
An analyst said one of the banks will have an earnings growth of 15.9% in 2023.
Meet the leaders of Forward Singapore
Several ministers will help review and refresh the market’s social compact.
Iswaran tells ICAO: Focus on specific needs of each country to strengthen partnerships
The minister said focusing on the priorities of member states will get them to “step up.”
Gov’t wants full support of businesses, unionists in ‘Forward Singapore’
Forward Singapore seeks to refresh the country’s social compact.
Iswaran unveils 3Cs to ensure aviation's recovery
The 3Cs will ensure a recovery that is safe, smooth, and sustainable.
Longer grace periods for companies under new tax frameworks: IRAS
The frameworks were co-developed with the Big 4 accounting firms.
B2B bad debt level increases to 9%
Agri-food had the highest average of write-offs across industries in Singapore.
Market update: STI down 0.03%
HongKongLand posted highest growth with 1.38%.
Chart of the day: Singapore H1 2022 IPO volume highest since 2017
However, funds raised were lower than in the first half of 2019 and 2020.

Exclusives

HR & Education Look locally: HR experts advise firms amidst stricter working permit system
Foreign workers will be subject to increased scrutiny under the upgraded EP application system.
Retail Recurring mega sales have their own dangers
An expert from Intrepid warned against ‘shopper fatigue’ triggered by frequent large-scale shopping events.
One chat away: Conversational commerce levels the playing field for brands online
Leaving consumers with unanswered queries can result in $2m missed revenue per day. 
Information Technology Want to be the next Ninja or PewDiePie? This startup can help gamers level up in the industry
Yup.gg CEO Raiford Cockfield III said his team's goal is to professionalise all gamers.
Why this SG-based fintech firm is ending the pen-and-paper era of financial advisors
GoalsMapper used its cloud-based platform to help financial advisors support 80,000 clients.
Commercial Property C&W Services transforms headquarters into a ‘living lab’
The new office is set to be the ground for the firm’s new facilities management technologies.
How investor stewardship puts companies in a win-win state
Stewardship Asia Centre CEO says a company’s failure to take care of society is a failure to take care of its stakeholders.

Join the Singapore Business Review community